PCE price index ticks up; Rates in US rise December’s PCE data came into focus today from investors. The core PCE price index rose from 4.8% to 4.9% year-on-year. Currently, it is the highest since September 1983 and well above the Fed’s 2% goal rate. Personal income and spending also came in at 0.3% and -0.6% m/m respectively. Because […]
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Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. The Dow kicks off a new week in record territory as investors cheer Donald Trump’s pick Read more…
Boarding a cruise ship can be stressful. Thousands of people are trying to get onto the ship at the same time, balancing their luggage, travel documents, and in many cases, trying to wrangle kids. When Read more…
Markets Trump’s pick for the US Treasury Secretary triggered a relief rally in the bond market. Scott Bessent brought a catchy 3-3-3 pitch: reduce the government deficit to 3% of GDP, aim for 3% growth Read more…